Hvidbjerg Bank (HVID) - Net Assets

Latest as of September 2025: Dkr305.78 Million DKK ≈ $47.84 Million USD

Based on the latest financial reports, Hvidbjerg Bank (HVID) has net assets worth Dkr305.78 Million DKK (≈ $47.84 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Dkr2.50 Billion ≈ $391.15 Million USD) and total liabilities (Dkr2.19 Billion ≈ $343.30 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check HVID financial resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Dkr305.78 Million
% of Total Assets	12.23%
Annual Growth Rate	8.69%
5-Year Change	64.64%
10-Year Change	157.68%
Growth Volatility	10.59

Hvidbjerg Bank - Net Assets Trend (2000–2024)

This chart illustrates how Hvidbjerg Bank's net assets have evolved over time, based on quarterly financial data. Also explore HVID current and non-current assets for the complete picture of this company's asset base.

Annual Net Assets for Hvidbjerg Bank (2000–2024)

The table below shows the annual net assets of Hvidbjerg Bank from 2000 to 2024. For live valuation and market cap data, see HVID company net worth.

Year	Net Assets	Change
2024-12-31	Dkr286.46 Million ≈ $44.82 Million	+13.03%
2023-12-31	Dkr253.43 Million ≈ $39.65 Million	+14.69%
2022-12-31	Dkr220.96 Million ≈ $34.57 Million	+12.30%
2021-12-31	Dkr196.76 Million ≈ $30.79 Million	+13.08%
2020-12-31	Dkr174.00 Million ≈ $27.22 Million	+8.59%
2019-12-31	Dkr160.24 Million ≈ $25.07 Million	+16.95%
2018-12-31	Dkr137.02 Million ≈ $21.44 Million	+2.70%
2017-12-31	Dkr133.42 Million ≈ $20.87 Million	+10.26%
2016-12-31	Dkr121.00 Million ≈ $18.93 Million	+8.85%
2015-12-31	Dkr111.17 Million ≈ $17.39 Million	+15.76%
2014-12-31	Dkr96.03 Million ≈ $15.03 Million	+40.10%
2013-12-31	Dkr68.54 Million ≈ $10.72 Million	-9.76%
2012-12-31	Dkr75.95 Million ≈ $11.88 Million	+13.92%
2011-12-31	Dkr66.67 Million ≈ $10.43 Million	-9.41%
2010-12-31	Dkr73.60 Million ≈ $11.52 Million	-10.13%
2009-12-31	Dkr81.89 Million ≈ $12.81 Million	+2.52%
2008-12-31	Dkr79.88 Million ≈ $12.50 Million	+1.50%
2007-12-31	Dkr78.70 Million ≈ $12.31 Million	+5.22%
2006-12-31	Dkr74.80 Million ≈ $11.70 Million	+9.01%
2005-12-31	Dkr68.62 Million ≈ $10.74 Million	+4.76%
2004-12-31	Dkr65.50 Million ≈ $10.25 Million	+7.03%
2003-12-31	Dkr61.20 Million ≈ $9.57 Million	+18.04%
2002-12-31	Dkr51.84 Million ≈ $8.11 Million	+23.25%
2001-12-31	Dkr42.06 Million ≈ $6.58 Million	+8.48%
2000-12-31	Dkr38.77 Million ≈ $6.07 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Hvidbjerg Bank's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 929.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	Dkr234.50 Million	81.86%
Common Stock	Dkr33.60 Million	11.73%
Other Components	Dkr18.36 Million	6.41%
Total Equity	Dkr286.46 Million	100.00%

Hvidbjerg Bank Competitors by Market Cap

The table below lists competitors of Hvidbjerg Bank ranked by their market capitalization.

Company	Market Cap
Aran Research and Development 1982 Ltd TA:ARAN	$48.39 Million
Indonesia Energy NYSE MKT:INDO	$48.41 Million
Dongkook Ind KO:001620	$48.42 Million
Opter AB ST:OPTER	$48.43 Million
Grupo Ezentis S.A MC:EZE	$48.37 Million
Legacy Iron Ore Ltd AU:LCY	$48.35 Million
Atlantic American Corporation NASDAQ:AAME	$48.34 Million
Radiant Cash Management Services Limited NSE:RADIANTCMS	$48.32 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Hvidbjerg Bank's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 253,431,000 to 286,460,000, a change of 33,029,000 (13.0%).
Net income of 34,481,000 contributed positively to equity growth.
Other comprehensive income decreased equity by 15,000,000.
Other factors increased equity by 13,548,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	Dkr34.48 Million	+12.04%
Other Comprehensive Income	Dkr-15.00 Million	-5.24%
Other Changes	Dkr13.55 Million	+4.73%
Total Change	Dkr-	13.03%

Book Value vs Market Value Analysis

This analysis compares Hvidbjerg Bank's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 1.08x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 2.27x to 1.08x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2007-12-31	Dkr81.22	Dkr184.00	x
2009-12-31	Dkr84.42	Dkr184.00	x
2010-12-31	Dkr75.87	Dkr184.00	x
2011-12-31	Dkr68.73	Dkr184.00	x
2012-12-31	Dkr45.21	Dkr184.00	x
2013-12-31	Dkr40.85	Dkr184.00	x
2014-12-31	Dkr57.26	Dkr184.00	x
2015-12-31	Dkr66.49	Dkr184.00	x
2016-12-31	Dkr72.15	Dkr184.00	x
2017-12-31	Dkr79.41	Dkr184.00	x
2018-12-31	Dkr81.55	Dkr184.00	x
2019-12-31	Dkr95.37	Dkr184.00	x
2020-12-31	Dkr103.56	Dkr184.00	x
2021-12-31	Dkr117.11	Dkr184.00	x
2022-12-31	Dkr131.51	Dkr184.00	x
2023-12-31	Dkr150.84	Dkr184.00	x
2024-12-31	Dkr170.49	Dkr184.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hvidbjerg Bank utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 12.04%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 22.33%
• Asset Turnover: 0.07x
• Equity Multiplier: 8.04x
Recent ROE (12.04%) is above the historical average (6.51%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2000	12.22%	13.99%	0.10x	9.11x	Dkr862.50K
2001	10.31%	12.08%	0.09x	9.30x	Dkr131.70K
2002	8.82%	13.42%	0.08x	8.11x	Dkr-614.20K
2003	17.74%	26.74%	0.09x	7.72x	Dkr4.73 Million
2004	8.18%	15.82%	0.07x	7.63x	Dkr-1.20 Million
2005	8.01%	15.23%	0.07x	7.74x	Dkr-1.37 Million
2007	5.73%	8.49%	0.07x	9.91x	Dkr-3.36 Million
2008	2.31%	2.79%	0.08x	10.31x	Dkr-6.14 Million
2009	1.53%	1.87%	0.07x	11.05x	Dkr-6.94 Million
2010	-10.72%	-12.40%	0.06x	13.86x	Dkr-15.25 Million
2011	-10.76%	-10.45%	0.07x	14.19x	Dkr-13.84 Million
2012	-19.11%	-20.41%	0.07x	13.02x	Dkr-22.11 Million
2013	-11.14%	-10.57%	0.08x	13.31x	Dkr-14.49 Million
2014	11.22%	14.82%	0.08x	9.78x	Dkr1.17 Million
2015	15.79%	24.59%	0.07x	8.59x	Dkr6.43 Million
2016	9.44%	16.12%	0.07x	8.54x	Dkr-680.40K
2017	10.50%	19.50%	0.06x	8.62x	Dkr673.20K
2018	12.06%	21.42%	0.06x	8.74x	Dkr2.82 Million
2019	16.99%	29.41%	0.07x	8.02x	Dkr11.21 Million
2020	8.47%	18.05%	0.06x	8.49x	Dkr-2.67 Million
2021	12.07%	26.84%	0.06x	7.99x	Dkr4.07 Million
2022	11.39%	23.53%	0.06x	7.88x	Dkr3.08 Million
2023	13.27%	24.03%	0.07x	8.11x	Dkr8.29 Million
2024	12.04%	22.33%	0.07x	8.04x	Dkr5.83 Million

Industry Comparison

This section compares Hvidbjerg Bank's net assets metrics with peer companies in the Banks - Regional industry.

Industry Context

Industry: Banks - Regional
Average net assets among peers: $13,819,556,556
Average return on equity (ROE) among peers: 9.12%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Hvidbjerg Bank (HVID)	Dkr305.78 Million	12.22%	7.18x	$48.37 Million
Danske Andelskassers Bank A/S (DAB)	$1.22 Billion	-14.01%	10.36x	$591.53 Million
Danske Bank A/S (DANSKE)	$74.09 Billion	17.12%	31.83x	$40.93 Billion
Djurslands Bank (DJUR)	$322.46 Million	9.86%	7.90x	$383.69 Million
Fynske Bank A/S (FYNBK)	$463.33 Million	13.54%	4.16x	$220.59 Million
Groenlandsbanken AS (GRLA)	$850.95 Million	10.86%	4.67x	$278.81 Million
Jyske Bank A/S (JYSK)	$45.89 Billion	12.87%	15.99x	$7.97 Billion
Kreditbanken A/S (KRE)	$151.87 Million	12.13%	5.20x	$211.84 Million
Laan & Spar Bank AS (LASP)	$559.56 Million	6.45%	11.38x	$662.62 Million
Lollands Bank (LOLB)	$831.00 Million	13.23%	5.08x	$148.02 Million

About Hvidbjerg Bank

CO:HVID Denmark Banks - Regional

Market Cap

$48.37 Million

Dkr309.15 Million DKK

Market Cap Rank

#22010 Global

#96 in Denmark

Share Price

Dkr184.00

Change (1 day)

+0.27%

52-Week Range

Dkr135.04 - Dkr228.00

All Time High

Dkr228.00